Is short selling digital assets like Bitcoin possible on Fidelity?

3 answers

• therocktigerFeb 19, 2024 · a year ago
  Yes, it is possible to engage in short selling of digital assets like Bitcoin on the Fidelity platform. Fidelity offers a range of investment options, including the ability to short sell certain digital assets. This allows traders to profit from a decline in the price of Bitcoin or other supported cryptocurrencies. However, it's important to note that short selling can be a high-risk strategy and requires careful consideration and understanding of the market dynamics.
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• Delaney EspersenJan 02, 2024 · 2 years ago
  Absolutely! Fidelity provides the option to short sell digital assets like Bitcoin. Short selling allows investors to take advantage of downward price movements by borrowing assets and selling them at the current market price, with the intention of buying them back at a lower price in the future. It's a popular strategy among experienced traders, but it's important to remember that short selling carries its own risks and should be approached with caution.
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• Lehmann HardyFeb 27, 2021 · 4 years ago
  Yes, you can definitely short sell digital assets like Bitcoin on Fidelity. Fidelity's platform offers a variety of trading options, including the ability to engage in short selling. Short selling allows traders to profit from a decline in the price of Bitcoin by borrowing the asset and selling it, with the expectation of buying it back at a lower price in the future. However, it's important to note that short selling is a complex strategy that requires a good understanding of the market and carries its own risks. Make sure to do your research and consult with a financial advisor if needed.
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